MAS urges retailers to embrace QR payments13/09/2017 Patrick Buncsi News
The Monetary Authority of Singapore has urged Singapore's small-scale retailers to adopt QR code-based payments, considering it a “practical and convenient” way to introduce consumer-friendly e-payments services into a cash-dominated retail industry, the Singapore regulator’s Payment’s Council said.
DBS unveils mobile-only bank for Indonesia13/09/2017 Patrick Buncsi News
Singapore's DBS Bank has tapped into Indonesia’s booming smartphone market, launching a new “paperless and signatureless” mobile banking service in the archipelago state.
‘Virtual banker’ becomes reality for NAB07/09/2017 Patrick Buncsi News
The National Australia Bank (NAB) has launched an Australian first ‘virtual banker’ to assist its business banking clients.
ANZ activates Voice ID payments07/09/2017 Patrick Buncsi News
ANZ Bank has released a voice-authenticated payments facility to authorise high-value transactions via the bank’s mobile app.
Movers and Shakers | August – September 201706/09/2017 Patrick Buncsi Movers and Shakers
August saw a number of high-profile appointments across the financial services industry, with noteworthy additions to HCF, NAB, Westpac and Manulife HK.
Bankwest road tests payments wearables06/09/2017 Patrick Buncsi Industry Releases
Bankwest has embarked on a 12-week trial of up-and-coming wearable payments technologies, equipping 400 staff with various contactless payment devices.
Westpac launches ‘data accelerator’ program04/09/2017 Patrick Buncsi News
Westpac has announced the launch of an Australian first ‘data accelerator’ program, giving eligible start-ups access to the bank’s data sets to help spur the development of business and customer innovations.
RBA floats 'digital ID' to tackle fraud23/08/2017 Patrick Buncsi News
The Reserve Bank of Australia (RBA) has proposed the introduction of a digital identity scheme to combat rising fraud bills.
Human be gone: Australians prefer to bank digital-first23/08/2017 Anonymous News
Australian customers appear to have embraced banks' digital-first programs, preferring to sidestep human service personnel when resolving basic banking issues, according to Yougov’s Customer Experience in Banking 2017 survey.
CUA joins global banking giants in Pivotus partnership22/08/2017 Patrick Buncsi News
Credit Union Australia (CUA) has become the exclusive Australian and New Zealand partner of international banking innovator, Pivotus Ventures, joining an international cohort of financial institutions.
NZ’s Aotearoa Credit Union implements Oracle Flexcube banking platform22/08/2017 Patrick Buncsi News
New Zealand-based Aotearoa Credit Union (ACU), has announced it will become the first Maori institution to launch Oracle’s FSS Flexcube core banking platform.
China orders new clearing house for online payments15/08/2017 Patrick Buncsi News
China’s central bank has ordered the establishment of nationwide clearing house for online payment services, instructing 44 financial firms to route their transactions through the new platform, according to a report by the South China Morning Post (SCMP).
WhatsApp to add new payments feature15/08/2017 Patrick Buncsi News
Mobile messaging service WhatsApp is set to introduce an instant money transfer feature in its next update, according to WhatsApp-dedicated news blog WABetaInfo.
Citi takes big data capability to new heights with Velocity Clarity dashboard15/08/2017 Patrick Buncsi News
In June this year, Citibank announced the launch of a comprehensive platform for its global custody and fund division, leveraging the bank’s big data and analytics infrastructure to assist clients in analysing investment data. We learn a little bit more about what the platform offers to clients.